ACP AUDITING - RISK BASED APPROACH
ACP AUDITING - RISK BASED APPROACH
10th Edition
ISBN: 9780357195079
Author: JOHNSTONE
Publisher: CENGAGE C
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Chapter 2, Problem 35RSCQ

a.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state:The fraud committed by the company E, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

b.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the company WC, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

c.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the companyP, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

d.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the companyHS, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

e.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the company De, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

f.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the company K, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

g.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the company O, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

h.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the company LFT, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

i.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the company PFG, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

j.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the company SFC, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

k.

To determine

Introduction: Recording the fraudulent financial statements means intentionally misrepresenting the financial statements to mislead the investors about the profitability and financial performance of a company.

Asset misappropriation includes frauds in which an employee tries to steal from an organization by carrying out fraudulent practices.

To state: The fraud committed by the companyDF, categorizing primarily on the basis of asset misappropriation or fraudulent financial practice.

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